Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Scorpio Gold Corp V.SGN

Alternate Symbol(s):  SRCRF

Scorpio Gold Corporation is a Canada-based company, which holds 100% interest in two past producing mines, the Manhattan Mine and the Mineral Ridge Mine, both located in the Walker Lane Trend of Nevada, United States. The Company's Manhattan District comprises the advanced exploration-stage Goldwedge Project, with an approximately 400 ton per day gravity mill. Adjacent to Goldwedge is the 4,300-acre Manhattan Project, which is centered on two past-producing pits. The Goldwedge property is located approximately 54 kilometers north-northeast of the town of Tonopah within the Manhattan Mining District of south-central Nevada. The 726-hectare (1,795 acre) property covers three separate claim blocks and encompasses the Goldwedge, Keystone and Jumbo gold deposits. It also holds a 100% interest in the Mineral Ridge gold project located in Esmeralda County, Nevada. The Mineral Ridge property comprises approximately 5,617-hectare (13,879 acre). The Company has acquired the Northstar property.


TSXV:SGN - Post by User

Comment by Jonny2fingerson Apr 13, 2021 8:32pm
257 Views
Post# 32990307

RE:RE:RE:Drill Results

RE:RE:RE:Drill ResultsIf you are asking me.....

You are correct, I first started buying SGN in 2012.

For me I always saw it as a "punt" holding.  If it paid off, fantastic...if it didn't, no surprise.

I bought a lot more when the price crashed to +/- $0.01...with the same thought as above in mind.

What bothers me most about this company is that by all appearances it should be doing extremely well...but it is not (and never really has...although price of gold has not been it's friend from 2012-2019 ish).

I am always tempted to buy more, but am scared off by the lack of share price appreciation (and lack of trading volume too).  This situation feels identical to one I went through with SAS (St. Andrew Goldfields) around 2012-2014 ish...I had some shares and always wanted to buy more because of what appeared to be great potential...yet the potential never seemed to be realized, the share price barely moved, and volume was always low.

BUT, then one day Kirkland Lake came along and bought SAS and the rest of that story is history.  One of my biggest regrets of my years in the stock market was not buying MORE SAS when I had the chance to.

Having said all that, I am scared off of putting any more money in to SGN at this time because of the potential / apparent shannanigans that have gone on (and continue to?) between Management, Waterton, and Titan Mining.

I hope SGN has a great future, but there are way too many question marks right now for me to be willing to put any more money in to it than I already have.

That's my 2 cents.
<< Previous
Bullboard Posts
Next >>